Satyricon Vocalist Sigurd Wongraven Sold The Majority Of His Wine Business For Over $5 Million

Satyricon vocalist, guitarist. etc. Sigurd “Satyr” Wongraven made millions of dollars last year when he sold 90% of his company, Wongraven Wines, for NOK 57 million. That sum roughly equates to around $5.4 million dollars USD. Wongraven sold the stake in the business to Vingruppen, who manufacture and distribute alcoholic beverages.

While the amount of the deal was initially undisclosed, a recent report by Dagens Næringsliv on the 2019 financial records of Vingruppen revealed the impressive sum.

According to the report, Wongraven Wines had sales of NOK 6.6 million (roughly $700,000 USD) in 2019, with a gross profit of NOK 3.7 million (roughly $400,000 USD) during that year.

[via Metal Injection]